Corporate Compliance - Treasury Services GFCC Advisory - Associate


: $165,260.00 - $165,260.00 /year *

Employment Type

: Full-Time


: Legal

Loading some great jobs for you...

JP Morgan Wholesale Payments (WP) is a division within the Corporate and Investment Bank (CIB) that specializes in providing payments and cash management solutions for the largest Corporate and Financial Institution clients worldwide. WP is seeking an Associate candidate to join its Global Financial Crimes Compliance (GFCC) Advisory team with a specific focus on Merchant Services, WePay, Virtual Payments and Wire Clearing. The responsibilities for this individual will include, but not be limited to, the following: Work as part of the WP GFCC team focusing on the AML risks associated with Merchant Services, WePay, Virtual Payment Solutions, and Wire Clearing Act as a liaison with business and support functions for day-to-day AML Compliance-related issues and questions relating to Wholesale Payments Perform analysis for new product initiatives or existing product expansions within Wholesale Payments, and serve as a team contact for review of New Business Initiatives Assessments and Risk Rating Matrices Provide AML advice and guidance to LOB stakeholders related to WP AML/KYC operations, implementations, and ongoing due diligence processes Participate in product review forums and oversight meetings; Engage senior stakeholders with compliance-relevant risks Partner with GFC Legal, Compliance, and other Legal teams embedded in the line of business to verify applicability and adherence to AML laws, regulations, and internal policies (Domestic and local requirements in various countries). Provide line of business & GFCC senior management with regular updates on key issues and emerging risks Participate in AML program integrations related to CIB mergers and acquisitions QUALIFICATIONS: Strong knowledge of global AML laws and regulatoryrequirements for AML; international experience a plus (e.g., FinCEN TravelRule, FATF Rule 16, Payment Services Directive, Electronic Money and PaymentInstitutions UK, Card Brand rules, etc.) Ability to evaluate transactional flows, technical product specifications,and ability to communicate the applicable control points to applicablestakeholders. Experience interfacing with external examiners and internalindependent testing teams (i.e. Audit, Compliance Testing, etc.) is a plus. Superior oral/presentation and written communicationsskills. Must be able to efficiently andeffectively articulate a stance and or requirement. Minimum of 5 years AML or Compliance experience with aFinancial Technology entity or Bank offering products/services focused on merchantacquiring and/or diversified payment methods. The individual must have strong relationship building, networking, managerial, and communication skills to succeed in this role. Strong analytical, organizational, time management, and planning skills are critical.
Associated topics: attorney corporate, company, compliance office, corporate attorney, internal, lawyer, legal, legal affairs, legal department, market * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

Launch your career - Create your profile now!

Create your Profile

Loading some great jobs for you...